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I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
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Hello, quick question to all the EXPERTS out there...I was approached, on my own residential property, by a Realtor, who was showing a client a short sale across the street. When the Realtor got to speaking to my hus...
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The treasury dept and IRS just released the final set of regulations for the popular 100% bonus depreciation schedule. And great news for the Real Estate pros trying to avoid taxes... the “placed in service” date was ...
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The California Dream For All program wants to help minorities own a home. How will they do it? By purchasing 45% of the home! The buyer gets in cheap because they only have to pay for 55% of the home, but then Big Bro...
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Earlier today, on the way to work, I was listening to the BP Podcast #285 as per my usual routine (another great podcast by the way). But after hearing some of the guest's comments about building multi-family and rent...
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I have made no secret of the fact I am buying in Detroit, and a big fanI have seen the good the bad and the ugly.So what I learnt so far.......Understand your market, what you buying and true value of your property p...
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Property tax increase is insane. I know you can do tax protest to adjust but it's not always successful. Some tax protest companies charge 40% of the saved amount, which is also a lot. What do people do? The past few ...
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Haven't done a sec 8 for many years and now have an applicant. I just lowered my asking rent. If it is below what sec 8 pays can I ask for the higher amount? After all it is worth more with all the hassles. Would p...